As daheater mentioned on 6/5/19 at 10:32pm, I think this is not considered to be section 1245 property. This is what I see in my TurboTax:
- Did you Stop Using this Asset in 2021? My answer is "Yes"
- Disposition Information: enter dates here
- Special Handling Required?
On this page it says that special handling is required if "This is an intangible asset not considered section 1245 property."
I was having trouble figuring out on my own if this is considered to be section 1245 property, but daheater makes me think it's not. In that case, you would choose "Yes" when asked if special handling is required. If you click yes then it gives detailed instructions on what to do next. In a nutshell, you should enter the remaining finance fees as "other expense" in the expense section of the interview.
